“We’re not saying that, for bitcoin, yesterday’s announcement will not be significant,” said Vincent Gusdorf, senior vice president, DeFi and Digital Assets (DFDA) at Moody’s. “It is significant and institutional investors’ entry into this market will be a kind of a watershed moment for the crypto industry.”
Bitcoin (BTC) Price Is In a ‘Bore to Death’ Phase. When Will the BTC Rally Resume?
The current period resembles the action from April through September of 2023 when bitcoin was stuck in the $25,000-$30,000 range...